Hollywood is going through a massive change once again, as another surprise development has shown its hands. Long-time Warner bros. collaborator, Legendary Entertainment has seemingly moved on and has a new partner in Sony Pictures. As such, the production company will distribute and market their films globally with Legendary East still handling China. It also means all home entertainment and TV distributions will be handled by their new partner.
This deal also marks an interesting development for their streaming ventures. Sony, unlike Warner Bros. and Disney, has no internal streaming service and simply works with those that exist in the market. As such, Legendary will continue to partner with streaming services for various productions, such as Enola Holmes that has found its home on Netflix. Sony Pictures Motion Picture Group’s Josh Greenstein and Sanford Panitch had the following to say on the deal:
’s a rare opportunity to partner in this mutually beneficial way with true pros, who are completely aligned in our theatrical commitment and vision for this business. The creative brilliance and power of Legendary is huge and we look forward to bringing their work to theaters across the world.
If you’re wondering what this means for the upcoming releases of Dune and the Monsterverse franchise, they are still with Warner Bros. Dune: Part Two is still set to release in November next year with WBD. Though, it’s unclear what this might mean for future entries moving forward, especially when former WarnerMedia head Jason Kilar released their films on HBO Max alongside its theatrical release. While Dune and Godzilla vs. Kong still were some of Warner Bros. most successful releases since the pandemic started, it left a bitter taste. Either way, Warner Bros. Discovery’s current development also may have led to this decision and Legendary is moving on.
Source: The Hollywood Reporter